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posted by takyon on Friday January 25 2019, @07:50PM   Printer-friendly
from the net-reality dept.

Submitted via IRC for SoyCow1984

It's Now Clear None of the Supposed Benefits of Killing Net Neutrality Are Real

Network investment is down, layoffs abound, and networks are falling apart. This isn't the glorious future Ajit Pai promised.

In the months leading up to the FCC assault on net neutrality, big telecom and FCC boss Ajit Pai told anybody who'd listen that killing net neutrality would boost broadband industry investment, spark job creation, and drive broadband into underserved areas at an unprecedented rate.

As it turns out, none of those promises were actually true.

Despite the FCC voting to kill the popular consumer protections late last year, Comcast's latest earnings report indicates that the cable giant's capital expenditures (CAPEX) for 2018 actually decreased 3 percent. The revelation comes on the heels by similar statements by Verizon and Charter Spectrum that they'd also be seeing lower network investment numbers in 2018.

It's not expected to get any better in 2019. According to analysis this week by Wall Street research firm MoffettNathanson, capital spending among the nation's four biggest cable providers (Altice, Comcast, Charter Spectrum, CableONE) is expected to decline upwards of 5.8 percent this year.


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  • (Score: 4, Informative) by ikanreed on Friday January 25 2019, @09:47PM (2 children)

    by ikanreed (3164) Subscriber Badge on Friday January 25 2019, @09:47PM (#792035) Journal

    It's always frustrating demanding people who bullshitted you answer for their bullshit on the internet.

    Because one of two things happen: they never show their face and pretend it didn't happen. Or you get pedantry about how they "never said that" or "well this particular resoundingly clear evidence of why I'm wrong doesn't satisfy completely arbitrary standard of truth 7b". Saying "I'm wrong" sucks balls, and no one likes to do it, but the kind of person you're trying to hold accountable now, extra doesn't want to do it.

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  • (Score: -1, Troll) by Ethanol-fueled on Friday January 25 2019, @10:13PM

    by Ethanol-fueled (2792) on Friday January 25 2019, @10:13PM (#792049) Homepage

    Suck my dick Alexa. Now you will know what is like to hear those whose sorrows you have ended.

  • (Score: 0, Offtopic) by Ethanol-fueled on Friday January 25 2019, @10:17PM

    by Ethanol-fueled (2792) on Friday January 25 2019, @10:17PM (#792051) Homepage

    I am the Sorrow. Like you I too am filled with death. Sorrow brings death. Death brings sadness. The living, may not hear them. Their voices...may fall upon deaf ears. But Make no mistake.

    Their voices are not silent.